AbbVie files for US approval of risankizumab

25 April 2018
2019_biotech_test_vial_discovery_big

USA-based AbbVie (NYSE: ABBV) has submitted a Biologics License Application (BLA) to the US Food and Drug Administration for risankizumab, an investigational interleukin-23 (IL-23) inhibitor, being evaluated for treatment of patients with moderate to severe plaque psoriasis.

AbbVie licensed the candidate from privately-held German pharma major Boehringer Ingelheim early in 2016, with an upfront payment $595 million, plus milestones and royalties.

Risankizumab is viewed as a potential competitor to Stelara (ustekinumab), from US healthcare giant Johnson & Johnson (NYSE: JNJ), as well as AbbVie’s own mega-blockbuster Humira (adalimumab).

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Company News Directory



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology